§ 17320 Fidelity Corporation shall establish and maintain the following funds …
§ 17321 Fidelity Corporation shall bill and collect from each member an …
§ 17321.1 Fidelity Corporation shall levy a special assessment against its …
§ 17321.2 Fidelity Corporation shall be entitled to collect late fees as …
§ 17322 Fidelity Corporation shall report to the commissioner each levy of …
§ 17323 (a) In the event any member fails to pay an assessment when due, …
§ 17324 Any reduction in the membership fund caused by payment of an …

Terms Used In California Codes > Financial Code > Division 6 > Chapter 2.5 > Article 3 - Membership Fee and Assessments

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
  • Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8